"American Express" Joins "RippleNet" To Provide Speed Through International Trade Payments

  traffic update global payment systems momentum gained quickly, as other major global financial services company joined the company " RippleNet ", and this American Express Company is to be the latest company has to join RippleNet , to join the ranks of the Credit Agricole which , and Airwallex , and Cuallix , And many others. American Express has joined the bockchain Tribal Network to provide immediate international payments and direct business payments that will ultimately enhance the experience of its customers. Initially, American Express will partner with its global FXIPplatform with the Santander GroupIn the United Kingdom to establish a channel of transactions between the United States and the United Kingdom. Thus, the United States is the largest trading partner in the UK, creating an immediate need for global trade payments in the UK market.  

 

Partnership to provide faster and better service

By taking advantage of the power RippleNe 's t, we will see the platform "clients FXIP " immediate improvement in how to send money around the world. Compared with the traditional payment process, payments through the proxies will enable simplification of contacts with intermediaries and provide an immediate insight into the status and cost of the transaction. And even more, using RippleNet 's FXIP platform will keep the level of security that American Express customers expect to find. He said , " Greg Kelly " executive vice president of global payments company American Express:

"We have already seen evidence that pluchen technology plays a transformative role in customer service.

Kelly also added :

"This partnership with Ripple will not only reduce the time spent on international transactions, but can also make our transactions more effective for our customers."

 

Join the forces large to avoid the lack of stability

The partnership of the FXIP platform with the Santander Group in the UK to send international payments between the United States and the United Kingdom will help American Express not only simplify trade payments but also create a wider footprint in the UK. "Said Jose Luis Calderon " Head of Banking Management in Santander :

"This blockbuster solution opens up a new channel between the United States and the United Kingdom and offers a great opportunity for payments globally. We have also been able to cooperate with future thinking companies to provide advanced, safe and frictionless payment solutions, as well as to extend the philosophy of " simplicity of character and fairness " to American Express and its customers. "